CPE - Fifth time - will break out or not?CPE - Fifth time - will break out or not?
Met the line of resistance fifth time !
will break out Above the average line 150MA ?
Potential of 44% percent up - Long term
Only an idea and not a recommendation for trading!
CPE
EURUSD SHORT 8/14 SUNDAY NIGHTDOA
-KILLZONE TIME: 11:45pm
-SESSION: Pre-London
-TIME OF EXECUTION: 11:45pm
-DATE: 8/14/22
-DAY OF WEEK: Sunday Night/Monday Night
Entry
-POI: CPE
-RR: 1:2.63
-POSITION: Sell By Market
-SL: 7 (0.7% risk $700)
-TP: 18.4 (1.8% risk $1,840)
Moral
-Market Opened Bullish
-Anticipated Judas Swing
-ICT Close Proximity Entry
Results
-Target Reached!!!
-18.4pips Secured
-1.8K Secured
Lesson
-Great Trade
-Good job by executing and not waiting for limit to activate
-Keep Going King!!!
Callon Petroleum Company long term potentialCPE long term potential
CPE long term potential
CPE long term potential
CPE long term potential
CPE long term potential
CPECallon Petroleum Company (NYSE:CPE) has formed a large Cup and Handle pattern on daily charts. Potential breakout play this week. Watching over 60.9 with resistance at 61.49
Breaking out of the left side of C/H $CPEBreaking above the left edge of the cup and handle. Has to break the local high but could run after that. Oil prices also increasing. 4 hour hidden bullish divergence too.
CPE possibilty to go up to $3.01 Just as NYSE:RIG and NASDAQ:CDEV this one show a similar movement, (very similar), so, if the cup&handle pattern is confirmed we can expect an objective price around $3.00
The ichimoku cloud could be used as support for the movement, but the most important is the stochrsi that shows we're on the bottom of the oscillation movement, so we're waiting to go up, also the MACD (not in this chart) show a weak bearish movement, that could be reversed in the next days. The volume is also going low so eventually this is going to be a good buy opportunity.
The actual price is still above EMA 12 and 26, so we can wait to goes lower to buy more, anyway: this is not an investment advice.
The trend movement is bullish if you see the weekly view, so let's wait to see if I'm wrong or not.
CPE WedgeCaught onto another wedge, from what I'm learning wedges can take some time to playout. This wedge is pretty though and oil prices are rising.
CPE Analysis Symmetrical Triangle + Trend Line Break + Dynamic Support + Volume Spike (at Break Point) + Consolidation
CPE bull vs bears battleIf bulls starts to play, this could achieve an objective price around 1.43 in next weeks.
Indicators can be useful to understand the movement:
RSI14: 50.21 RSI21: 45.79
%B: 0.3656
VOL is also low
EMA 20 is getting closer to EMA25, but not enough.
Both low with a good chance to go up.
This is not an investment advice of any type.
CPE might get hurt little after after article on fool . com27th of April might go down and it might try $.40 (there is that article about bankruptcy fool . com)
28th of April after government aid it might bounce back and try $.7 and even more , there is huge gap between $.87 and $1.2 it also might feel that gap
!!!!! Disclaimer: I’m not: a certified financial planner/adviser, a certified financial analyst or even an economist. i am just doing this for fun and not giving any advices !!!!!
CPE - Hedged Oil Company positioned to breakoutCallon Petroleum Company is an oil bounce play.
I am normally very against this but am short term bullish on this and NAT (tanker company) as far as oil is concerned.
The setup is as follows: They have uniquely hedged themselves with oil swap contracts valued $50+ per barrel. Someone deserves a bonus. This is the highest valued swaps I have heard of recently.
I'd be surprised if this thing doesn't fill the gaps up to $2 before the ER on 5/27.
Hopefully more chances below 0.80 to buy.
CPE ready for breakoutCPE is ready for the breakout as MACD, MAs, RSI and MFI are saying.
It looks like going up in the channel. Now it's simple correction since morning.
Fundamentally - the company took some experts to deal with the restructuring. Also PE ratio is one of the lowest in the stock right now. So is the P/Booking ratio.
How will it go? :)
CPE Triple Bottom Reversal LongCPE has formed a strong bottom. NYSE is easing restrictions, it will have time before split stock reversal and may not perform it. Still a good long hold to gain close double profit. High point around 90 cent
CPE - DAILY CHART
The company doesn't have specific news regarding direct aspects of its structure, but we noticed a series of Block trades occurred last Friday, accounting for almost two and a half million shares exchanged, which means that big players are taking stakes at the company. On the geopolitical side, the Crude Oil and its derivatives are in bad shape as the Output seems poised to increase.
CPEThe bullion hedge fund manager John Paulson Jr acquired 21.6M shares of CPE. The blue line is the 2014 price level. My play is to see will we have some contraction and then to jump in. Also worth paying attention is RSI 50 level, will the momentum holds or not above the same one.
My target will be near the Fibonacci level ( Weekly one)
the CPE rising.Featuring a possible 14% return. Starring CPE, and Bullish Gains. Packed with nonstop trending up action! reviewers are calling it a masterpiece. viewer discretion is advised, Bears be warned of losing gains and emotional stuff.
$CPE Possible Buy at Support$CPE Callon Petroleum looking like a possible buy at the lower range of upward channel
Medium term targets* :
1 - 15.00 (early June)
2 - 16.00 (late June)
*assuming upward trend line holds
CPE: Shoots before the death rattleI believe that successful trading strategies rely heavily upon identifying consolidation zones. Consolidation zones provide us the right direction of the market. Consolidation happens when a market move sharply upside or downside. Later, a trader can use these consolidation zones to identify patterns, whether it be a continuation or reversal.
It requires attention and care. Rather than turning out to be a factory of producing signals, it is better to sit down and look for a setup. Setups are important because we are planning a trade and execute them on time. If you fail to plan a setup, then you are planning to fail.
Another advantage of trade setup is that we know where to get out and the right time to go in. Know the market. Study the price movements and make your trades.
My charts use price movements, patterns, structures and indicators such as moving averages and oscillators. Trading intelligence is combining multiple knowledge to produce a favorable trade setup and plans.
Callon Petroleum Company (CPE), a part of Basic Materials sector and belongs to Independent Oil & Gas industry; ended its day with loss -1.98% and finalized at the price of $12.36. During its last trading session, Stock traded with the total exchanged volume of 2.86 million shares. The average volume stands around 5.36 million shares.
CPECPE, met its earnings estimate and with oil finding a bottom looks poised to run to $17. The $17 area would complete the T1 pattern. Going long